
Pasadena, California 91105
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,240,792 Fair Market Value by 3%. This valuation gap offers $40,792 in Instant Equity. Featuring a Condition Rating of 4, the home requires modernization of core systems, yet offers significant upside through its 11,476 sqft lot and Scenic Mountain Views. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in the Pasadena Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 596 Tamarac Subject | $1,200,000* List Price | 3 | 3 | 1,824 | $680 | - |
A 536 Avenue 64 Sold | $1,300,000 | 3 | 2 | 1,674 | $777 | 0.6 mi |
B 355 Malcolm Drive Sold | $1,490,000 | 3 | 2 | 2,217 | $672 | 0.5 mi |
C 130 Sequoia Active Under Contract | $1,298,000 List Price | 2 | 2 | 1,718 | $756 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1931, this nearly century-old home appears well-maintained but lacks evidence of a recent major renovation within the last 15 years. Based on the exterior and sales history, the kitchen, bathrooms, and core systems are likely dated (>20 years) and will require cosmetic updates and potential infrastructure modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11476, living area = 1824.
The property features impressive views of both the city lights and the mountains, providing a serene backdrop and significantly increasing the home's aesthetic appeal and market value.
Situated on a generous 11,476 square foot lot, this property offers substantial outdoor space and privacy, which is a rare and highly desirable find in the Pasadena area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Due to the home's 1931 construction date, buyers may need to budget for modernizing core systems such as plumbing, electrical, or HVAC to meet current standards.
While the lot is large, the hillside location in the 91105 zip code often implies steep terrain, which may limit the amount of flat, usable yard space for recreation.
Exceptional opportunity in Pasadena. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,824 | 1,839.942 |
| Lot Size | 11,476 | 8,508.491 |
| Price | $1.20M | $1.65M |
| Price per sq ft | $658 | $914 |
| Built year | 1931 | 1934 |
| HOA | $0 | $449 |
| Days on market | 8 | 45 |
Sep 1, 2026
$1,200,000
Initial Listing
Mar 31, 2014
$850,000
Public Record
Oct 26, 2009
$845,000
Public Record
Mar 29, 2005
$840,000
Public Record